CITY MOVES WHO’S SWITCHING JOBS June 18, 2009 DeloitteThe professional services firm has appointed Mark Carter and Nick Seaver, pictured, to partner in its UK security, privacy and resilience group. Carter joined the firm in 2005, having previously worked for Accenture and BSkyB. Seaver joined in 2002 as a security, technology and control specialist, focusing on the financial services sector. Nomura The Japanese [...]
CITY MOVES WHO’S SWITCHING JOBS June 8, 2009 DeloitteThe business advisory firm has appointed risk management specialist Philipp Keller to its European Solvency II team. Keller, who joins the Zurich office as head of insurance risk management, was previously head of research and development and a board member of the Federal Office of Private Insurance in Switzerland. He is also an adviser on [...]
CITY MOVES WHO’S SWITCHING JOBS June 8, 2009 DeloitteThe business advisory firm has appointed risk management specialist Philipp Keller to its European Solvency II team. Keller, who joins the Zurich office as head of insurance risk management, was previously head of research and development and a board member of the Federal Office of Private Insurance in Switzerland. He is also an adviser on [...]
Premiership regains place as world’s most profitable league June 3, 2009 CHAMPIONS Manchester United yesterday set the trend for Premier League football clubs after announcing a lucrative shirt deal on the day when record-high revenue figures were announced. The Old Trafford club agreed to a four-year sponsorship deal with insurance giant Aon Corporation, replacing that of troubled AIG, which was bailed out by the US government. [...]
Premiership regains place as world’s most profitable league June 3, 2009 CHAMPIONS Manchester United yesterday set the trend for Premier League football clubs after announcing a lucrative shirt deal on the day when record-high revenue figures were announced. The Old Trafford club agreed to a four-year sponsorship deal with insurance giant Aon Corporation, replacing that of troubled AIG, which was bailed out by the US government. [...]
IMF boss says further pain may lie ahead June 15, 2009 DOMINIQUE Strauss-Kahn, the head of the International Monetary Fund (IMF), has spoken out after recent reports of “green shoots”, warning the worst of the global financial crisis may not yet be behind us. Speaking on a visit to Kazakhstan, he said the IMF needed to be cautious about calling an economic recovery, although he said [...]
Hedge funds eye M&A deals June 10, 2009 THE beleaguered hedge fund industry is rife with talk of consolidation, as dwindling asset bases eat into these company profits, with the key barriers likely to be hedge fund managers’ egos and poor rewards for sellers. Man Group and RAB Capital have both indicated they are in the market for smaller hedge funds, while Cheyne [...]
The beautiful game? It’s nothing without lawyers August 18, 2009 IT is hard to imagine the chant of “we love lawyers” rolling down the Kop, but as another season kicks off, football may be surprised to know that it owes the legal profession a considerable debt. It was a solicitor, Ebenezer Cobb Morley, who had the idea to form an organisation that became the Football [...]
HEADHUNT IS ON FOR DISGRACED EX-BANKERS August 10, 2009 SOME in the City might be surprised by Sir Fred Goodwin’s decision to re-enter the business world, as revealed on the front page of City A.M. today, but it seems headhunters will be rubbing their hands with glee. Take former HBOS chief Andy Hornby, who was also strung up by the public for his role [...]
Founders of Setanta plan last ditch bid June 9, 2009 SETANTA founders Leonard Ryan and Michael O’Rourke are understood to be locked in talks to table a last-ditch bid that could see them buy out the ailing firm’s other investors, which include Doughty Hanson, Balderton Capital and Goldman Sachs. It is also thought that Setanta has recently offered stakes of up to 30 per cent [...]